Crude dipped below $98 Tuesday on recovering Middle East exports and a G7 stockpile release, then climbed back to $100. Gasoline is still $4.37 and diesel $6.32. Nearly 20 ship attacks in a month, “scarily thin” inventories and an SPR at a 44-year low say the relief is fragile. On paper, Tuesday looked like relief. […]
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The Permian Basin remains the engine of U.S. oil growth, but it is steadily becoming gassier. Rising gas-to-oil ratios (GORs) mean every incremental barrel of crude now brings more associated natural gas. Without matching takeaway capacity, that gas depresses local prices, forces curtailments or flaring, and erodes the economics that keep oil drilling active. New […]
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The 2026 Virginia Energy Plan’s cheapest system-cost path is the one that allows new gas. Every clean pathway costs more on the bill, then wins only after a carbon adder. Governor Abigail Spanberger released the 2026 Virginia Energy Plan on October 1 and called it a path to affordable, reliable, local clean power. The modeling […]
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Record VLCC rates now equal about $33 a barrel — 27 percent of delivered crude — and history shows that energy shocks plus Fed tightening are how demand destruction turns into recession. Especially after the Fed raises rates during an energy crisis, recessions follow. Patterns in finance matter, just like physics matters to the grid. […]
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ENB Pub note: This article first appeared on the Energy News Beat Substack, and we reached out to Peter Clack about appearing on the Energy Realities or Energy News Beat Podcast. If you want to leave a comment, subscribe to the Energy News Beat Substack. The world is running out of easily accessible high-grade ores, […]
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Global electricity demand is growing faster than the grids that have to carry it. The constraint is no longer just generation. It is the hardware that steps voltage up and down—large power transformers and the related substation gear—and the industrial base that used to build them. The International Energy Agency’s Electricity 2026 report puts global […]
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President Trump’s Midterm Diesel Probability Forecasting Tool ties record distillate prices directly to Senate control odds less than five weeks before the November 3 vote. Retail on-highway diesel sat at $6.382 per gallon for the week of September 28 (EIA), down only modestly from the $6.529 record the prior week and more than $2.60 above […]
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When the lights flicker, the bills spike, and the largest customer turns hostile, politicians who spent a decade blocking pipelines suddenly discover the language of urgency. That pivot is on full display this week in Massachusetts and Ottawa. Energy News Beat reported today that Massachusetts Governor Maura Healey has asked the Trump administration to accelerate […]
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Washington expanded its economic campaign against Iran on October 1, designating the country’s rail system, major industrial firms, and a Russia-linked shadow banking network on the same day the U.S. military blockade continues to choke seaborne oil exports. The Treasury actions, issued under Operation Economic Outcast, come as three shadow-fleet tankers seized earlier this year […]
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NANO Nuclear Energy (NASDAQ: NNE) has taken another concrete step toward vertical integration across the U.S. nuclear fuel cycle. On October 1, 2026, the company and its wholly owned subsidiary HALEU Energy Fuel Inc. signed a definitive asset purchase agreement with Radnostix, Inc. (formerly International Isotopes Inc.) and its subsidiary International Isotopes Fluorine Products, Inc. […]
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